What was the average yearly escalation rate for the pipeline

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The projected cost of the Alaskan oil pipeline was $900 million in 1969 dollars. The final cost estimate was nearly $8.5 billion in 1977. What was the average yearly escalation rate for the pipeline?

Reference no: EM131186694

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What was the average yearly escalation rate for the pipeline : The projected cost of the Alaskan oil pipeline was $900 million in 1969 dollars. The final cost estimate was nearly $8.5 billion in 1977. What was the average yearly escalation rate for the pipeline?

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